Apple to pay $450 million as SC rejects e-books appeal

The US Supreme Court on Monday declined to hear Apple Inc’s
challenge to an appellate court decision that it conspired with five publishers
to increase e-book prices.The Justice Department said
the scheme caused some e-book prices to rise to $12.99 or $14.99 from the $9.99
price previously charged by market leader Amazon.com Publishers that the Justice Department said conspired with Apple include
Lagardere SCA’s Hachette Book Group Inc, News Corp’s HarperCollins Publishers
LLC, etc.